Chancellor vows £1bn per year support for carbon capture
Chancellor Jeremy Hunt vowed to commit £20bn to carbon capture technology over the next two decades, alongside new support for small modular nuclear reactors (SMRs).
Chancellor Jeremy Hunt vowed to commit £20bn to carbon capture technology over the next two decades, alongside new support for small modular nuclear reactors (SMRs).
Scottish politicians urged Westminster to unlock funding for the Acorn carbon capture and storage project in the upcoming Budget and slammed slow progress on low-carbon development.
Harbour Energy has received independent verification that its planned Viking carbon capture and storage (CCS) scheme is capable of holding up to 300 million tonnes of CO2.
The Crown Estate and Crown Estate Scotland (CES) have launched their first engagement with industry on the future of North Sea carbon capture utilisation and storage (CCUS).
Essar said hydrogen and biofuels are becoming globally significant fuels. “The UK is positioned strongly to spearhead the rapid growth of the European low carbon fuels market,” it said. “The UK already benefits from an advanced regulatory and policy framework to support low carbon energy production”.
Energy bosses have stressed the significance of the subsea industry in pinpointing a solution that allows carbon storage and offshore wind to coexist.
Scottish politicians have again pressed the UK government for certainty over the timeline for a major north-east carbon capture and storage project.
Spirit Energy has confirmed plans to repurpose offshore gas fields for emissions storage, in a move it claims will support thousands of jobs.
Meanwhile the UK Government has pledged an update on Track 2 - part of its £1bn carbon capture fund - in spring.
Worley’s consulting business Advisian has secured a contract from BP to advise on a pair of projects central to the decarbonisation cluster in the north east of England.
The Keadby 3 carbon capture power station in the Humber has become the first power and CCS project in the UK to receive planning permission.
Carbon dioxide specialist Carbon Capture Scotland (CCS) has announced a new initiative which it says could help remove up to 1 million tonnes of CO2 from the atmosphere per year by 2030.
Essar Oil UK has announced plans to build a £360 million carbon capture plant at its Stanlow refinery, as part of wider plans to decarbonise the north west of England.
An Aberdeen-based carbon capture firm is launching its first round of fundraising with the aim of generating £1bn revenues over the next 10 years.
The Autumn Budget is passed and Xmas is on the horizon - so government pledges of more work "this year" to bring vital emissions-busting CCS projects online are in question.
Operator EnQuest (LON: ENQ) has emerged as the latest North Sea firm to throw its hat into the carbon capture and storage (CCS) ring.
Supermajor ExxonMobil (NYSE:XOM) has lent its backing to a new decarbonisation cluster proposed on England’s south coast, which could see up to 3 million tonnes of CO2 stored per year.
Ahead of a skills summit in Aberdeen this week, employment experts have assessed why Scotland and the wider UK has woes around attracting enough workers in renewable energy.
A government minister has pledged to accelerate the second phase of the UK’s carbon capture and storage (CCS) rollout.
Birkbeck, University of London has been widely slammed by the energy industry for its decision to ban fossil fuels recruiters from its careers fairs.
The UK is making progress on plans to store carbon dioxide emissions under the North Sea, with nearly 20 companies bidding for licences.
New research has set out how the UK could rapidly accelerate net zero technologies and cut costs in the “critical” years ahead to capture global economic opportunities.
Liz Truss will be the UK’s new prime minister after beating Rishi Sunak to take over the Conservative party.
More than five years ago and always over coffee, (outgoing) CEO of the former Oil & Gas Authority (now North Sea Transition Authority), Andy Samuel and I enjoyed a number of informal exchanges about the future potential role of the UK Continental Shelf in the Great Energy Transition.
Environmentalists have reignited calls for a job-creating north-east low carbon project to be axed after the release of a “damning” new report.